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  • NEWS Desk Global

CHINA'S DEC SERVICES ACTIVITY EXPANDS AT QUICKEST PACE IN 5 MONTHS




China's services activity expanded at the fastest pace in five months thanks to a solid rise in new business, a private-sector survey showed on Thursday, lifting the degree of optimism in the sector to a three-month high. The data, offering a snapshot of business sentiment, was in contrast to an official survey on Sunday which showed a sub-index of services activity shrank again at the end of 2023, raising calls for more stimulus measures in the new year.

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